The Central Board of Direct Taxes (CBDT) has recently revised timelines for tax compliance for select taxpayers. The due date for submitting the Tax Audit
Report (TAR) has been moved to November 10, 2025, while the deadline for filing Income Tax Return (ITR) has been extended to December 10, 2025, for specific tax audit cases. However, not all taxpayers benefit from this relief. Several chartered accountants have raised concerns that certain categories, especially those dealing with international or specified domestic transactions, have been excluded from these extensions, according to The Economic Times report. KSCAA Highlights Omission In CBDT Circular In a letter dated October 31, 2025, the Karnataka State Chartered Accountants Association (KSCAA) addressed the issue to the CBDT. Shivaprakash Viraktamath, President of KSCAA, wrote to Ravi Agarwal, Chairman of CBDT, drawing attention to the exclusion of assessees required to submit accountant reports under Section 92E (Form 3CEB). He stated: "We wish to draw attention to an apparent omission in not extending similar relief to assessees covered under clause (aa) of the same Explanation, namely those assessees who are required to furnish the accountant’s report under section 92E (Form 3CEB) in respect of international or specified domestic transactions in the said circular. This has created an unintended anomaly on the applicability of the extended timelines to such assessees, potentially leading to unintended compliance inconsistencies." CBDT Circular Details And Gaps The KSCAA letter cites CBDT Circular No. 15/2025, issued on October 29, 2025, which outlines: “The Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Income-tax Act, 1961 (the Act), hereby extends the due date for furnishing Income Tax Return (ITR) for the previous year 2024-25 (Assessment Year 2025-26) for the assessees referred in clause (a) of Explanation 2 to subsection (1) of section 139 of the Act, from 31st October 2025 to 10th December 2025. Consequently, the specified date for furnishing of report of audit under the provisions of the Act for the Previous Year 2024-25 (Assessment Year 2025-26) shall stand extended to 10th November 2025 in terms of clause (ii) of the explanation to section 44AB of the Income-tax Act, 1961.” Despite this extension, KSCAA points out that the circular and accompanying press release do not address Section 92E taxpayers. These companies carry higher compliance obligations due to transfer pricing documentation, as per the report. "This omission appears to be an inadvertent lapse, as it results in an anomalous situation where companies having transfer pricing compliance obligations are required to file their Income Tax Returns by 30th November 2025, while other audit cases without such additional compliance are permitted to file up to 10th December 2025. This effectively mandates earlier compliance from taxpayers with greater statutory responsibilities, which is inconsistent with the principle of fairness and the Board’s established practice of providing uniform relief across audit-related categories," the KSCAA letter emphasised, added the report.
